UPDATE 3-Hefty coronavirus provision hammers profits at Lloyds Bank
Lloyds Banking Group’s
pretax profit was all but wiped out in the first quarter, after
it joined the list of lenders hobbled by provisions against
expected bad loans due to the coronavirus pandemic.
pretax profit was all but wiped out in the first quarter, after
it joined the list of lenders hobbled by provisions against
expected bad loans due to the coronavirus pandemic.
Posted by Reuters
